BUZZ-BofA downgrades BellRing's rating, lowers near-term profit forecast

Reuters2025-11-20
BUZZ-BofA downgrades BellRing's rating, lowers near-term profit forecast

** BofA downgrades rating on protein-based food and beverages co BellRing Brands BRBR.N to "neutral" from "buy"

** Brokerage cites company's "soft Q4 2025 results, a contentious FY 2026 outlook & long-term sales algorithm cut"

** Cuts price target to $28 from $50, still representing an upside of 6.6% from stock's last close

** On Tuesday, BRBR forecast a 5% decline in Q1 2026 net sales, reflecting tough prior-year comparisons in its club distribution channel and one-time factors including promotions for its beverages

** BofA lowers FY26/27 forecast for adj. EPS to $1.93/$2.15 from $2.23/$2.54

** Fourteen of 17 brokerages rate the stock "buy" or higher and three "hold"; their median PT is $39, according to data compiled by LSEG

** Including session's moves, shares down 62.3% YTD

(Reporting by Megavarshini G. Somasundaram in Bengaluru)

((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment